Cannon Exploration Inc. (fka CNEX)

[Rayland]

Olibri,
I was talking about the float..not out standing shrs..

Here’s a simple example with numbers to illustrate the relationship of these different shares:


Authorized Shares – 100
Unissued Shares – 20
Restricted Shares – 10
Float – 70 (100 – 20 – 10 = 70)
Outstanding Shares – 80 (10 + 70 = 80)